Tag Archives: Analyst

Bitcoin has been fairly unpredictable over the past few months. In December, when the cryptocurrency fell under $7,000, a majority of analysts were expecting a retracement to the $5,000s, citing the existence of the ever-important 200-week moving average. And at the top near $10,000 established in mid-February, half of Crypto …

Ethereum started off 2020 as bullish as can be, outperforming BTC and other crypto assets by a large margin. The top altcoin in the crypto market may soon make a massive 95% move against Bitcoin, according to one analyst, but the direction of that move is still up in the …

Although all cryptocurrencies have had it tough over the past few weeks, XRP has been hit especially hard. The altcoin, the third-largest crypto asset by market capitalization, fell as low as $0.105 on Thursday from its 2020 high of $0.345 established just weeks earlier, marking a drop of 70%. However, …

Bitcoin is in for more jump scares after having fallen by more than 50 percent this week. With the expanse of Novel Coronavirus rippling through financial markets, bitcoin plunged from $10,000 in February to $3,858 as of Friday. On the same day, the cryptocurrency recovered to hit an intraday top …

Despite the slight recovery seen over the past few days, analysts still fear that Bitcoin is on a trajectory that will see its price correct even further than it already has. In fact, Related Reading: Crypto Tidbits: India Makes Watershed Ruling On Bitcoin, Elon Musk Bumps Dogecoin, Ethereum Founder Supports …

Sorry bulls. On Tuesday, the cryptocurrency market continued to trend lower. XRP had it especially tough, posting the second-worst performance in the top ten digital assets of 6%, only underperforming Tezos. While the asset is already down to $0.255, per data from CoinMarketCap — 25% lower than the ~$0.342 high …

Over the past few days, Bitcoin has been flagging. Ever since it peaked at $10,300 on Wednesday, it has been mostly downhill, with the leading cryptocurrency falling off a cliff on that very same day to $9,250 in an extremely short period of time. Despite this bearish price action, which …

Over the past day, Bitcoin, Ethereum, and the rest of this nascent market have finally shown signs of recovering after the nearly 10% drawdown seen over the weekend. Per data from Coinmarketcap, ETH is up 6.6% in the past 24 hours, rallying to $282 as of the time of this …

There are few Bitcoin traders that have been as accurate as Dave the Wave over the past year. The pseudonymous cryptocurrency trader predicted in the middle of 2019 that the price of the asset would retrace to the mid-$6,000s to enter a “long-term buying zone” after the over-300% rally that …

At long last, after weeks upon weeks of increasing prices, Bitcoin saw a strong correction on Saturday. Per previous reports from NewsBTC, Saturday morning saw the price of the leading cryptocurrency tank from $10,400 to a low of $9,700 (on some exchanges), a drop of nearly 7% in a few …